The AUD/USD pair is currently at a crucial juncture, hovering around the pivot level of 0.6202. This level acts as a key determinant of short-term price action, where a sustained move above could confirm a rebound, while a failure to hold may...
This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, stated that concerns over a near-term, full-scale Middle East conflict have diminished following limited exchanges of fire between Israel and Hezbollah in Lebanon without...
GBP/JPY is currently at a pivotal level, with 192.46 acting as a crucial support zone that could determine the pair’s next movement. If this level holds, a bullish rebound remains the preferred scenario, with potential gains ranging from 111 to 161...
The AUD/USD pair is navigating a critical phase, trading around the pivotal level of 0.6202. This level serves as a major inflection point, with a sustained move above potentially triggering further upside momentum, while a break below could lead...